3+ hour, 4+ min ago   (616+ words) New land transaction permit applications for Seoul apartments totaled 3,012 in August, the lowest level since the entire city was designated a permit zone last October. Applications have now declined for four consecutive months after peaking at 8,896 in April. The Seoul…...

7+ min ago   (307+ words) According to the FSS's electronic disclosure system on the 14th, the securities registration statement submitted by Samsung Biologics on the 28th of last month took effect that day. The company voluntarily submitted an amended registration statement on the 11th to supplement investment risk…...

17+ min ago   (932+ words) South Korea's National Tax Service has launched tax audits of 41 market-disrupting businesses accused of inflating costs and shifting price burdens onto consumers ahead of the Chuseok holiday. The targets include 11 egg producers and other agricultural and livestock companies, 12 grain and…...

51+ min ago   (281+ words) The Ministry of Agriculture, Food and Rural Affairs has been conducting the nationwide survey since May. Under the current Farmland Act, farmers or agricultural corporations that acquire farmland are in principle required to cultivate the land directly, and the law…...

1+ hour, 22+ min ago   (234+ words) South Korea's government is raising the standard construction cost used to determine price ceilings for apartments subject to the price cap on new homes by 4.07%. The increase is expected to further drive up sale prices for newly supplied apartments in…...

1+ hour, 23+ min ago   (325+ words) South Korea's crude oil imports are showing a clear recovery trend even as prolonged Middle East conflict continues to disrupt global crude shipping routes. Government support for crude procurement and strategic reserve utilization programs have filled import gaps, keeping domestic…...

1+ hour, 35+ min ago   (559+ words) A governance reform package aimed at limiting financial holding company chairmen to three consecutive terms has been stalled in South Korea's National Assembly for months. The proposal was referred to a bill review subcommittee last month but failed to make…...

1+ hour, 38+ min ago   (283+ words) Semiconductor and power plant environmental equipment led the order intake. In March, the company signed a contract to supply eco-friendly equipment to the Tunghsiao liquefied natural gas (LNG) power plant in Taiwan. In its core semiconductor greenhouse gas reduction equipment…...

1+ hour, 54+ min ago   (427+ words) South Korean restaurant operators are facing structural pressure in which they take home less and less money even as sales climb. The share of revenue consumed by the so-called "prime cost" — food ingredients plus labor — surpassed 70% for the first time…...

3+ hour, 1+ min ago   (371+ words) Hana Securities raised its target price for GS Engineering & Construction from ₩36,000 to ₩40,000 (approximately $30) while maintaining a buy rating, citing expectations for a fourth-quarter order on the Donghae AI data center project. GS E&C plans to build a total 2.4GW data…...